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Calculating Home Loan Amounts- How Much Can You Get? If you are looking for a loan to help you buy a new home then you will naturally be looking for a lender who is able to loan you as much money as possible at the lowest interest rates. Of course all that will come after you check your home loan eligibility and find that you are eligible for a loan in the first place. The maximum amount of money that the lender can loan you to buy the home is referred to as the home loan amount and will usually differ from one lender to another depending on their internal policies. In addition, the loans will also be different for different borrowers who are borrowing from the same lender because the lenders will consider each loan application independently and then determine the loan amount based on a number of factors. A home loan amount eligibility calculator is a simple tool that can be used to calculate exactly how much you qualify to get as your loan amount. The best ones usually follow the normal eligibility criteria for home loan that is used by practically all lenders in India. Mudra Home, one of the leading providers of home loans in the country, have a very accurate calculator on their website which also doubles up as one of the best EMI calculators at the moment. Some of the main factors that the calculators take into consideration when calculating loan amounts include;  
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The Government guideline of the property; this is the rate that has been set by the government for the area where the property is located. This is the value of property which is mutually decided by the seller and buyer and in most of the cases this value is very close to the government rate that is prevalent in the area where the property is located. Lenders will work out the loan amounts based on a percentage of this value. The property market value; this refers to the actual value of the property to be bought at the prevailing market rates. Lenders will usually have this value arrived at by independent evaluators and then award the loan amount as a percentage of that property market value.